Electricity: UK Trade with EU — Written Question

Question

Mike Wood

Conservative — Kingswinford and South Staffordshire

To ask the Minister for the Cabinet Office, with reference to the policy paper entitled Outcome of the exploratory discussions on the possible participation of the United Kingdom in the European Union’s internal electricity market, published on 22 Decembe

Answer

Nick Thomas-Symonds

An electricity agreement with the EU will cut the cost of trading electricity with the EU - this means lower wholesale costs and ultimately lower bills. To unlock these benefits, we are prepared to make an appropriate and proportionate financial contribut...

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